currency exchange

Mumbai, April 9 The rupee depreciated by 9 paise to close at 92.63 (provisional) against the US dollar on Thursday, as the situation in the Middle East remains fragile, keeping investors wary of the opening of the Strait of Hormuz.Forex traders said that geopolitical uncertainty remained high...

Mumbai, April 8 Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and the Reserve Bank of India (RBI) maintaining the status quo on policy rates.According to the Clearing Corporation of India (CCIL), the...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...

Mumbai, April 7 The rupee depreciated by 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained cautious ahead of US President Donald Trump's deadline for the opening of the Strait of Hormuz and the Reserve Bank's monetary policy review.Forex traders...

New Delhi, April 6 Silver prices jumped by Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar.According to the All India Sarafa Association, the white metal appreciated by...

Mumbai, April 2 The Reserve Bank on Thursday allowed both residents and non-residents to exchange Indian rupee notes at foreign exchange counters in departure halls at international airports, beyond the immigration or customs desk.Previously, such foreign exchange counters were only allowed to...

New Delhi, April 2 Silver prices plummeted by Rs 9,000 to Rs 2.37 lakh per kilogram in the national capital on Thursday, while gold declined by Rs 3,500 to Rs 1.51 lakh per 10 grams amid a bearish sentiment in the domestic market.According to the All India Sarafa Association, the white metal...

New Delhi, April 1 The price of gold rose by Rs 1,539 to Rs 1.52 lakh per 10 grams in futures trading on Wednesday, due to positive sentiment in the domestic market amid rising prices of precious metals globally and a weaker US dollar.On the Multi Commodity Exchange, the yellow metal for June...

Kolkata, April 1 – The Income Tax Department has seized a large sum of foreign currency in Kolkata, an official said on Wednesday, adding that three individuals have been detained.A large sum of foreign currency – approximately ₹ five crore in Indian currency – was seized during a raid in the...

Mumbai, April 1 The rupee gained 15 paise to 94.70 against the US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and the retreat of the US dollar overseas.However, the local currency remained under pressure due to higher crude oil prices and sustained...

Mumbai, March 25 The rupee plunged by 29 paise to close at a record low of 94.05 (provisional) against the US dollar on Wednesday, as heavy outflows by foreign investors and rising tensions in the Middle East kept investors on edge.Even a drop in global crude oil prices, a weaker US dollar...

Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...

Mumbai, March 24 The rupee fell by 35 paise to 93.88 (provisional) against the US dollar on Tuesday as a strengthening dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the...

New Delhi, March 23 Gold prices plunged sharply by Rs 8,089 to Rs 1.36 lakh per 10 grams in futures trading on Monday, tracking a global sell-off amid rising inflation fears and a firm US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery slumped by Rs 8,089, or 5.6...

New Delhi, March 20 As the rupee fell to an all-time low against the US dollar amid mounting geopolitical tensions, senior Congress leader Shashi Tharoor said on Friday that the BJP-led Centre should have the "grace" to withdraw its earlier claim that the Indian currency's decline under the UPA...

Pithoragarh, March 20 Border trade between India and China through the Lipulekh Pass in the Pithoragarh district of Uttarakhand is set to resume this year after a six-year hiatus.District Magistrate Ashish Bhatgai said that following directives from the Union government, preparations have...

Mumbai, March 18 The rupee fell by 3 paise to 92.43 against the US dollar in early trade on Wednesday, weighed down by outflows from foreign investors and a stronger dollar amid the ongoing conflict in the Middle East.According to forex traders, a decline in global crude oil prices and a...

Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...

Patna, March 12 Amid rising tensions in West Asia and rumors of a shortage of LPG cylinders in parts of India, political reactions have intensified.Rohini Acharya, a leader of the Rashtriya Janata Dal (RJD) and daughter of RJD Chief Lalu Prasad Yadav, sharply criticized the Central government...

Mumbai, March 11 The rupee declined by 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar amid the ongoing war in West Asia.Forex traders attributed the decline to further outflows from...